# PayPay

**Source:** https://www.startuphub.ai/startups/paypay
**Profile type:** Startup

> Japan's leading mobile payment app.

## About

PayPay is a prominent mobile payment application in Japan. It was founded in 2018 as a joint venture between SoftBank and Yahoo Japan, with technical collaboration from India's Paytm. The company was reportedly planning a U.S. IPO with an aim for a valuation of at least ¥1.5 trillion ($10 billion), but this was reportedly postponed due to market volatility and geopolitical events.

## Key facts

- **Slug:** paypay
- **Location:** Japan
- **Founded:** 2018-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $279M
- **Sectors / tags:** Fintech, Mobile Payments

## Frequently asked

### What does PayPay do?

PayPay is a prominent mobile payment application in Japan. It was founded in 2018 as a joint venture between SoftBank and Yahoo Japan, with technical collaboration from India's Paytm. The company was reportedly planning a U.S. IPO with an aim for a valuation of at least ¥1.5 trillion ($10 billion), but this was reportedly postponed due to market volatility and geopolitical events.

### What is PayPay's revenue?

StartupHub estimates PayPay's annual revenue at $925.9M (range $602.4M to $3.5B, 42% confidence), based on comparable companies in the sector.

### What is PayPay's valuation?

StartupHub estimates PayPay's effective valuation at $7.4B (range $5.2B to $9.6B, 31% confidence), based on comparable companies in the sector.

### How much funding has PayPay raised?

PayPay has raised a total of $279M in funding. The most recent round on record is Strategic.

### Where is PayPay headquartered?

PayPay is headquartered in Japan.

### When was PayPay founded?

PayPay was founded in 2018.

### What industry does PayPay operate in?

PayPay operates in Fintech, Mobile Payments.

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